February 21, 2018.

The dollar index traded sharply higher across the board ahead of the anticipated FOMC meeting minutes tonight as investors look past this short term dollar rally for clues regarding future FED moves. Metals turned lower with Gold closing below 1330$ per ounce and Silver closing under 16.5$. Global markets still without China traded mostly sideways in very narrow ranges with EU markets enjoying the pullback in the Euro to move higher despite Wall Street weakness.

UK Earnings Index at 9:30 am, UK Inflation report at 2:15 pm and FOMC meeting minutes at 7 pm are the important news on the agenda Wednesday.

 

Market GBPUSD USDJPY EURJPY EURUSD GOLD OIL
20.2.2018 -0.14% 0.68% 0.1% -0.6% -1.82% 0.24%
USDMXN USDCHF AUDUSD AUDJPY USDCAD Silver Platinum
0.98% 0.82% -0.35%  0.34% 0.65% -1.7% -0.9%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
0.65% 0.83% -0.01% 0.64% 0.8% 0.21%
1 YEAR 4.35% -0.39% 8.2% 2.87% 13.36% 15.93%

 

 Swing trades follow up

Trade Entry price Position Open profit Date triggered Stop loss Remarks today
DAX 12360 3 370 15/2 12310  
NASDAQ 6334 5 2340 9/2 6665  
OIL 6202 6 -360 19/2 61.6 Stopped out
EURAUD 5616 0.5 270 20/2 5595 New position
             
OPEN PROFIT     $2960      

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